Oracle, AMD and Microsoft are on pace for historic weeks, while Intel, Broadcom, Micron, Marvell and ON Semiconductor are all roaring in April.
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Big Tech stocks were on track to wrap a massive week on Friday, with shares of Oracle
, Advanced Micro Devices
and Microsoft
set to post historic gains and benchmarks.
Oracle’s recent earnings report and the AI infrastructure deal between Microsoft and Nebius are bullish signs for the group.
Oracle stocks bounced as software shares continued to recover and the company expanded a capacity deal with Bloom Energy.
AMD and Palantir results will drive the market this week. Options traders have a bullish tilt on the stocks ahead of the reports.
Oracle investors haven't had a week this good since April 2001, after the stock had collapsed in the dot-com crash.
Intel's strong quarter is driving sharp gains in another chipmaker.
AI hyperscalers had a bruising week after investors got jittery about huge expenditure outlooks.
